Soybeans dip on slow China demand as corn and wheat post modest gains

Soybeans were lower on fund and technical selling. Soybeans are monitoring planting and development conditions in South America, which generally look favorable. The trade is also waiting for more demand news from China, with no daily sales announcements yet this week. It’s going to take a pretty big buying spree by Beijing to reach the…Continue Reading

Milk futures and cash dairy mixed Tuesday

December Class III milk futures on the Chicago Mercantile Exchange down 11 at $15.76.  January up a dime at $15.28.  February 6 higher at $15.42.  March through May futures 6 higher to 6 lower. Dry whey down $0.0025 at $0.73 Blocks down $0.0075 at $1.43 Barrels down $0.02 at $1.50 Butter up $0.0150 at $1.46…Continue Reading

Researchers do data deep dive to study phosphorus losses

A university of Wisconsin team is looking at how certain farming practices help reduce phosphorus losses.  Dr. Steven Hall says his team has been doing a deep dive on data from the state’s nutrient management plan software. “A team of us at UW have been really exhaustively using the SNAP+ nutrient management software to game…Continue Reading

Closing Grain and Livestock Futures: December 2, 2025

Mar. corn $4.50, up 5 centsJan. soybeans $11.24 and 3/4, down 3 and 1/4 centsJan. soybean meal $311.60, down $3.00Jan soybean oil 52.68, up 32 pointsMar. Chicago wheat $5.41, up 6 centsFeb. live cattle $220.80, up $4.87Jan. feeder cattle $329.87, up $8.80Feb. lean hogs $80.17, down 12 centsJan. Class III milk closed at $15.33, up…Continue Reading

Used machinery demand remains strong as December buying picks up

An auction specialist says December is a busy month for used machinery sales. “Now we’re in the busy farm retirement excess machinery market,” said Mark Stock, co-founder of Big Iron Auctions. Stock says used equipment is currently trending steady to higher. “The combine market reached its lows in June of this last year and they’ve…Continue Reading

Big opportunities to boost soybean demand in southeast Asia 

The chair of the U.S. Soybean Export Council says farmers are looking for ways to grow demand in southeast Asia. Jana Fritz says Vietnam and Indonesia are two of the largest export opportunities for the U.S. “Tempeh has been a critical component of their diet, and now they’re turning it potentially even into baked goods by using tempeh…Continue Reading

POET says ethanol markets key to strengthening ag economy

The world’s largest biofuel producer says creating more demand for ethanol could be the fastest way to improve the sluggish ag economy.   Doug Berven with POET says it’s more sustainable than a financial assistance package. “Biofuels can pull agriculture out of an immediate ag crisis for free. We can either pay farmers a check…Continue Reading

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